Word: boom
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...declined much at all, and now they are headed up again. Several major banks last week raised the benchmark prime lending rate another .75%, to 16.5%. The jumps have been extremely discouraging for the Administration, since a downward trend in rates is necessary to spur the business investment boom that Reaganomics needs. The latest interest rate increases have also renewed worries in Western European countries that their costs of borrowing will start climbing once again, forcing their economies still deeper into a slump...
...company. He invests his family's savings in the new venture. He is soon working 18-hour days but does not mind because the company is his own. Sales start sluggishly, and he makes enough mistakes to fill a textbook. Eventually it all pays off. Profits boom; he makes it big. He becomes wealthy beyond his wildest hopes...
Indeed, the actors can claim most of the credit for the theatrical boom. The Taper Forum and the big Broadway road shows have given Southern Californians a taste for live performances, but the actors have given them such wide choices. Under pressure from its rank and file, Actors' Equity in 1972 agreed to let members work for free in theaters that seat no more than 99 people. There have since been hundreds of such so-called waiver productions-423 last year alone...
...Stella Maris smiles and says firmly, "I haven't seen anything, and I don't want to." Yet death is democratic. Eight-year-old Jonathan lives in a big house on the best side of town, and until recently the closest he came to danger was hearing a big boom one night and having a bad dream about it. The major complaint in his stately neighborhood was the stink from the nearby offal factory. Now the complaint is more topical. A few weeks ago, the Rev. Robert Bradford, M.P, was shot to death in a suburban community center...
...News hasn't even been able to profit as much from the boom in sports coverage. Because it comes out in the morning, the paper is locked into a format that features mostly game stories rather than the analysis, inside dope and rumor-mongering that pervades the Post. The only big success the News has had recently is its rather pathetic imitation of the Post's "Wingo" called "Zingo." "Zingo" has added 100,000 to the circulation, putting the News back to 1,483,333 everyday, but that is still nearly 450,000 below the 1976 level...